App Development Cost: A Quick Overview

 There are many factors that contribute to the final cost of your app, i.e., from the complexity of the app to functionalities and features to the app development timeline to the location of your development partner to many other small things.


A simple app can be built for as little as $10,000, and a full-fledged enterprise comprising complex functionalities and sophisticated features can cost as much as $500,000, depending on where you get your app developed.


So, without further ado, let’s delve into a breakdown of app development.


Factors That Contribute to App Development Cost

Below are the factors that influence the markup of app development.

Development Partner: Freelancer vs. App Development Company

Who you choose for app development has a significant impact on the cost. If you hire full-stack developers for you, it will still cost you less than that of a development company. Companies claim they would rather engineer your apps than just develop them. They have the whole team, so they have to bear rentals, salaries, other expense overheads, etc.

Location of the App Development Partner

If you outsource your project to some Asian countries, you will get the same app at ⅓ of the cost you will get from any company based in the USA, Canada, or European countries like Germany, France, etc. The primary reason for such disparity in cost is the cost of living, whether you hire a full-stack developer, a small agency, or a fully established company.

Complexity

The more complex your app, the higher the cost. If you are getting a simple application built that has simple functionalities and features, but if your application has elements of AI, ML, AR, and VR, then it would cost a lot, as it makes the development process quite intricate, and developers with high expertise in these domains are a rare commodity.

Functionalities and Features

Let’s say you want to have an app that lodges some data, shows it to superior administration, and just takes records into records. That is not going to cost as much as game applications with advanced features and themes and an immersive environment.

Project Timeline

The duration of the app development also contributes to the overall project as the notion of wages for the designers, developers, QA, testers, etc., comes into play. A mobile application takes more than 3 to 6 months to develop on average. The project timeline entirely depends on the functionality you desire for your mobile application.

Conclusion

It all boils down to whom you choose, the tech stack and platform you choose, and the location of your partner, as the cost of living in the region massively impacts the developers’ hourly wages. If to give you an estimated app development cost, it would be between $10,000 and $500,000. Usually, design is 15-20% of the total cost, coding, and development are between 40% and 60% of the markup, QA and testing costs are between 10 and 20%, and post-deployment maintenance and support contribute between 15 and 20% of the total.

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